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BTC long-term rally is ‘broken’ until price reclaims $85,000, Deribit executive says

Bitcoin’s BTC$66,914.52 long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit. The largest cryptocurrency has settled into the $60,000 to $70,000 range in the past week, some 45% below the record high it hit in October. It’s on track to…

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‘Take money, blow the whistle’: Vijay’s twin attack on Stalin over cash payout, alliance | India News

NEW DELHI: Tamilaga Vettri Kazhagam (TVK) chief and actor Vijay delivered a high-voltage campaign speech in Salem on Friday, while training his fire on two pressure points — the DMK government’s Rs 2,000 cash payout to women and what he called his own “political bomb” that has unsettled chief minister MK Stalin.Addressing a cheering crowd,…

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New labour codes to keep salary hikes stable; IT sector margins tested

A majority of companies are unlikely to reduce salary hikes, even with higher wage bills resulting from the implementation of new labour codes, according to HR heads and compensation experts. However, increments may be moderated in certain sectors, particularly information technology.Costs for benefits such as gratuity, overtime, bonus, and leave encashment have increased after the…

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Reliance bags US licence to buy Venezuela oil; may help replace Russian crude: Report

Issuing such approval to Reliance may accelerate Venezuela’s crude shipments. (AI image) Reliance Industries (RIL) has been granted a general licence by the Donald Trump administration that will allow the company to crude oil directly from Venezuela without breaching any existing sanctions, a Reuters report has said.According to the report, this general licence permits the…

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